Transport infrastructure is a pillar of economic development and a key contributor to climate change.
Globally, transport-related greenhouse gas emissions are expected to double by 2050 in the absence of new
policies. There is an urgent need to scale-up and shift transport infrastructure investments towards lowcarbon,
climate-resilient transport options and help achieving the environmental, social and economic
benefits associated with sustainable transport infrastructure. Given the extent of investment required to
meet escalating global transportation infrastructure needs, and the growing strains on public finances,
mobilising private investment at pace and at scale will be necessary to facilitate the transition to a greener
growth. Investment barriers, however, often limit private investment in sustainable transport infrastructure
projects, due to the relatively less attractive risk-return profile of such projects compared to fossil fuelbased
alternatives. In part, this can be attributed to market failures and government policies that fall short
of accounting for the full costs of carbon-intensive road transport and the benefits of sustainable transport
modes.
Mobilising Private Investment in Sustainable Transport
The Case of Land-Based Passenger Transport Infrastructure
Working paper
OECD Environment Working Papers
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